Warner Bros. Discovery Sees $2.1 Billion Loss in Q4 After Big Writedown; Ad Sales Tumble
variety.comSubmitted by Neo2199 t3_11a9aao in television
smokeyjay t1_j9riruu wrote
Reply to comment by 52ndstreet in Warner Bros. Discovery Sees $2.1 Billion Loss in Q4 After Big Writedown; Ad Sales Tumble by Neo2199
A lot of that money is spent on new content to remain competitive. Actual net revenue is more like 1-2 billion annually.
Radulno t1_j9sssa5 wrote
In 2021, it was 5.1 billions and 4.5 billions in 2022 so a little more
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